Lifestyle
UBS reports first profit since taking over Credit Suisse
UBS reported a net income of US$1.8 billion for January to March, its first quarterly profit since it took over fallen rival Credit Suisse.The net income attributable to shareholders...
New Thai finance minister downplays row with central bank
Thailand’s new finance minister on Tuesday (May 7) downplayed a long-running clash between the central bank and the government over interest rates, saying there would be no attempt to...
Australia’s central bank holds cash rate at 4.35%
AUSTRALIA’S central bank held interest rates steady on Tuesday as expected, while noting inflation was easing more gradually than hoped and it was vigilant to upside risks for price...
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
ASIAN markets built on the latest global rally on Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.Friday’s...
Japan warns of action over rapid currency moves
JAPAN may have to take action against any disorderly, speculative-driven foreign exchange moves, the government’s top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo’s readiness to intervene again...
Australia’s retail sales volumes fall 0.4% in Q1
AUSTRALIAN retail sales volumes fell by more than expected in the March quarter as punishing mortgage rates and declining real incomes ate into spending power, data showed on Tuesday.The...
Aims Apac Reit posts 10.2% lower H2 DPU on enlarged unit base
Aims Apac Reit’s (AA Reit) distribution per unit (DPU) fell 10.2 per cent to S$0.0471 for the second half ended Mar 31 on an enlarged unit base, from S$0.05244...
Jefferies asks judge to remove managers of Weiss Multi-Strategy
MANAGERS of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in...
